Ignisbtc
Ignis Long-Term Chart w/ Targets (Over 1177% Potential)About Ignis
Your Blockchain Destination
IgnisIgnis is an essential part of the Ardor platform. It is the main child chain - fully featured and permissionless for everyday transactions with low fees.
All the Ardor platform transaction types and features are available on the Ignis child chain. Furthermore, account-specific functions, such as setting account properties and multi-signature configurations (account control), are facilitated exclusively by Ignis but accessible across all child chains.
Ignis supports out of the box advanced privacy mechanisms including coin shuffling, and encrypted messages which can be shared securely with third parties.
Use Ignis to experiment and build public applications with all the features available on the Ardor platform. You don't need any permission, simply install the software, download the blockchain, get some tokens from an exchange (or exchange with ARDR tokens on-chain) then start using the APIs and coding. It is really that simple.
Ignis is the exclusive chain for stateless lightweight contract development. Use Ignis to deploy your contracts even if they will eventually interact with other child chains.
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Chart Analysis For Ignis by Alan Masters
The all-time low for Ignis (IGNISBTC) was hit on the 13 May '19 at 0.00000223.
On the 30 Mar a new low was hit at 0.00000240 and prices are starting to bounce... We have a higher low here compared to last year and prices are now challenging EMA10.
After last year's low was hit, what followed was a 350% bullish wave. This time around we can see something similar...
All the resistance levels (targets) are clearly marked on the chart.
Thanks a lot for reading.
Namaste.
IGNIS - Looking for New SupportIGNIS followed BTC and dropped broke to the downside through the bottom of the newly formed triangle. We may find new support near the 100 MA or just below (orange line) and may enter another phase of accumulation.
This is not trading or investment advice. These are my observations and I'm just having fun!
$IGNIS accumulation Starts nowWe have a very strong oversold indication on Ignis.
RSI @ 27
Candle dropped below lower Bollinger band
Stochastic RSI in oversold territory (Though give it 2 weeks or so and it will be better placed)
Holding off for a couple of weeks than drip buying over 2 months from here would be better then to buy now. Along with IOTA Ignis best buy ATM
Ignis VS Bitcoin Consolidation TimeIgnis formed a bottom at 774 satoshis after which price went up, and reached 1524 satoshis high. Although closing price was below the 23.6% Fibonacci retracement level at 1136 satoshis and below the 200 Moving Average.
On a correction down, IGNIS/BTC rejected the uptrend trendline, went up an rejected the 23.6% Fibs once again. It seems that IGNIS has stuck between the 774 support and 1136 resistance, without any clarity of further direction.
In order for the price to move up, close above the 1136 sats resistance is required. If/when that occurs, Ignis shall rise towards the next Fibonacci retracement level at 50%, that is 1541 satoshis.
On the downside, considering the current price action, a correctional move down might be expected. Ignis could decline towards previous support at 774 satoshis, but only if price will not break above the current resistance.
IGNISBTC a new coin a new opportunityIgnis has been added to Bittrex recently and was consolidating for a good run. We analyzed it earlier and said that we will provide a further recommendation when the best time to enter this trade will come. It seems that it is a good moment to buy Ignis as it is ready to bounce from Fib 0.618 support level. Moreover volume is also rising and technical analysis shows good results. Rising trend is formed and nice profit can be made
$IGNIS - Cup and handle breakout - BUY SIGNALLooks to have bottomed out, higher lows starting a new uptrend with cup and handle reversal forming here wolves, still awaiting confirmation on the handle.
Entry point: 0.00001150-1250
Target 1: 0.00001400
Target 2: 0.00001800
Target 3: 0.00002000
Target 4: 0.00003000
Stop loss: 0.00001000